Investment Opportunity: Lightweight Steel-Frame House in Sapporo's Toyohira Ward
This property presents a solid investment opportunity as a currently tenanted, two-story lightweight steel-frame detached house located in the quiet residential neighborhood of Nishioka 2-jo 11-chome, Toyohira Ward, Sapporo. Built in August 1977, the house offers a functional 3LDK layout with a total floor area of 73.46 sqm (approximately 22.22 tsubo) situated on a 150 sqm (approximately 45.37 tsubo) plot of land. The property includes parking and is equipped with standard water and sewage connections.
Key features and agent notes highlight its investment potential. The property is currently rented, ensuring immediate income, with a projected annual rental income of 708,000 yen and an estimated annual yield of 11.23%. The land is freehold ownership (所有権) and zoned as Category 1 Low-Rise Exclusive Residential Area (第一種低層住居専用地域) with a building-to-land ratio of 50% and a floor area ratio of 80%. The property fronts a public road to the southeast with a width of 8 meters and a frontage of 2 meters. The transaction is handled under a general agency agreement (一般媒介).
The area of Toyohira Ward offers a blend of suburban tranquility and accessibility. An interesting local fact is that the nearby Makomanai area was a major venue for the 1972 Sapporo Winter Olympics. The closest major landmark is the iconic Sapporo Dome, a multi-purpose stadium known for its retractable roof and home to professional football and baseball teams, located just a few kilometers away.
